InvestorsHub Logo
Followers 14
Posts 435
Boards Moderated 0
Alias Born 08/31/2014

Re: None

Wednesday, 05/20/2015 4:01:27 PM

Wednesday, May 20, 2015 4:01:27 PM

Post# of 8579
First, just in case you didn't get Paul Knopick's e-mail, here it is:
********************************

Equity Investment Sought

Vaping/e-cigarettes is a new, multi-billion dollar sector, growing rapidly. We have a client in the sector that is, we are confident, the most creative company and also sound financially and in its management team. They anticipate $6 million in sales this year and $10 million or more next year. They are looking for an equity investment (not convertible debt) of between $1 and $5 million. If interested, please contact:

Paul Knopick

******************************
Second, one can be burned by leaping to conclusions, but I have no reason to believe that E and E Communications has other clients in the vaping industry (and it would appear that it would be a conflict of interest if such were the case).

Third, Paul's language is that his client is "sound financially," and that is as good to hear, though one would not expect wording to the contrary.

Rather than my drawing inferences on the sensitive topics of viability and dilution, I'll just write that I'm sure that the group that hangs out on this discussion board will be fascinated at what percentage of ownership of the company an equity investment of X million dollars will bring, given that the approximate market value of the outstanding shares at the moment is about $2.4 million. Referring back to an earlier post I made recently, I think that this seeking of financing may constitute a "subsequent event" that could hold up issuance of a quarterly report.